The project will also provide training for delegates of large companies on how to make business with SMEs.
Elsalvador.com published statements by the United Nations Development Programme (UNDP) representative in the country, Jessica Faieta: "The team in charge of the project is located in the offices of the Chamber of Commerce and Industry... UNDP will provide $1 million to start the project".
The Inter-American Development Bank (IDB) will give the funds to the Suppliers Development Program (PDP), which trains SMEs to make them more efficient.
The program, administered by the United Nations Development Programme (UNDP), is called “Programa de Desarrollo para Proveedores” in Spanish. It intends to prepare Small and Medium companies to work with large enterprises by being more competitive.
In Costa Rica recommendations have been made for the creation of a Law for the Promotion of Competitiveness of SMEs including promoting Consortia for Exporting.
From a press release from the Ministry of Economy, Industry and Trade of Costa Rica (MEIC):
The Ministry of Economy, Industry and Commerce (MEIC), through its International Cooperation Department, in conjunction with the United Nations Industrial Development Organization (UNIDO), has conducted a round table meeting in order to promote the development of the "Law for the Promotion of Competitiveness of SMEs through the model of Consortia in Costa Rica".
Over 150 Small and Medium companies from the tourism industry will be trained in business and marketing topics.
The project is called "PYMETUR - Strengthening Tourism Competitiveness in El Salvador", and will create four Tourism Business Centers in different areas of the country. These centers will provide support for SMEs.
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